Ex-Morgan Stanley Exec’s Hedge Fund Jumps 49% on China Bets

(Bloomberg) A former Morgan Stanley executive’s hedge fund has soared 49 percent this year by sticking with well-timed bets on technology stocks and investing in some of China’s hottest private companies. Led by Richard Ji, who was previously head of Asia Internet and media research at Morgan Stanley, the All-Stars Investment Fund profited from a rebound in stocks.

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